Will There Be a 2025 Stimulus Check? Latest Update on Trump’s Proposal

Will There Be a 2025 Stimulus Check? Latest Update on Trump’s Proposal

As Americans await news about the potential for another stimulus check or DOGE dividend refund in 2025, rumors continue to circulate.

These discussions involve potential payments from President Donald Trump or unclaimed stimulus funds from the Internal Revenue Service (IRS).

Let’s break down the status of previous stimulus checks and also provide important updates on how to track your tax refunds for the current year.

Status of Previous Stimulus Payments

The IRS has issued several rounds of stimulus payments in the past, including the second, third, and fourth stimulus checks. However, time has run out for claiming the first and second stimulus checks, and the deadline for the third stimulus check has already passed.

  1. First and Second Stimulus Payments:
    The first round was issued in March and April 2020, while the second round was sent by January 15, 2021. These deadlines have passed, meaning there are no longer opportunities to claim these payments.
  2. Third Stimulus Payment:
    The third stimulus check was distributed between March and December 2021, with a filing deadline of April 15, 2025 for claiming any Recovery Rebate Credit related to this payment. If you did not file your 2021 tax return by that date, you will no longer be able to claim the $1,400 Recovery Rebate Credit.

Beware of Scams and Misinformation

The IRS has strongly cautioned taxpayers to avoid scams when seeking missing stimulus payments or claiming credits.

Fraudulent actors may pretend to be IRS agents and attempt to steal sensitive information such as your Social Security number, bank account details, or other personal data under the guise of verifying eligibility or expediting payments.

Always ensure that you work directly with the IRS or consult a reputable tax professional to address any concerns.

Potential for a Fourth Stimulus Check?

There have been ongoing rumors regarding a $2,000 fourth stimulus check, with many speculative claims circulating on social media and various unverified websites.

However, it is essential to note that there has been no official confirmation from Congress or the IRS about this payment. Any such claims should be treated with caution, as they may be misinformation or part of an attempted scam.

In February, Donald Trump suggested the idea of paying $5,000 stimulus checks in the form of a “DOGE dividend”, potentially funded by a portion of savings identified by Musk’s Department of Government Efficiency (DOGE). However, no further details have been provided about this proposal, and its future remains uncertain.

Tax Refunds: When Will You Get Yours?

If you’re wondering about the status of your tax refund, here’s what you need to know:

When Will I Receive My Tax Refund?

If you have filed your federal tax return electronically and provided banking information, you can expect a direct deposit within 21 days. If you did not include your bank details, your refund will likely come as a paper check by mail, which can take between 6 to 8 weeks.

It’s important to note that submitting your return is not the same as the IRS accepting it. Once the IRS has accepted your return, you will see a “Refund Sent” status, and the funds should reach your account shortly after that.

How to Track My Federal Refund Status

To check the status of your refund, the IRS offers a tool called “Where’s My Refund”. This tool allows you to track your refund’s progress by entering your Social Security number, filing status, and exact refund amount.

  • Status Updates: Once you input your information, you will see one of the following statuses:
    • Return Received – Your return is still processing.
    • Refund Approved – Your refund has been approved and is preparing to be sent out.
    • Refund Sent – The IRS has sent your refund, either by direct deposit or via mail.

You can also call the IRS at 800-829-1954 to inquire about your refund status.

How to Track My State Refund Status

Most states have dedicated portals for checking state income tax refunds. For example, Delaware residents can use the Delaware Division of Taxation’s online portal to check the status of their state refund.

As we approach 2025, Americans remain in limbo regarding the possibility of new stimulus checks or DOGE dividends. While some rumors persist, it is crucial to stay informed through official channels like the IRS to avoid falling victim to scams.

The deadline for the third stimulus check has passed, and those waiting for tax refunds should utilize the available tools to check the status of their payments.

FAQs

Can I still claim the third stimulus check after the deadline?

No, the deadline to claim the third stimulus check was April 15, 2025. After this date, any unclaimed payments become property of the U.S. Treasury.

What should I do if I think I missed a stimulus payment?

If you believe you missed a payment, contact the IRS or a trusted tax professional. They can help you determine whether you’re eligible for any missed stimulus funds or credits.

How can I check the status of my tax refund?

You can use the IRS “Where’s My Refund” tool online or call the IRS at 800-829-1954 for updates on your federal refund. For state refunds, check your state’s dedicated tax portal.

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